Hermès (RMS.PA) - Cash on Hand

Cash on Hand as of December 2023 : £8.94 B

According to Hermès's latest financial reports the company has £8.94 B in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Hermès - Cash on Hand chart (from 2009 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	£9.21 B	12.72%
2022-12-31	£8.17 B	45.31%
2021-12-31	£5.62 B	32.82%
2020-12-31	£4.23 B	14.25%
2019-12-31	£3.70 B	18.76%
2018-12-31	£3.12 B	20%
2017-12-31	£2.60 B	31.11%
2016-12-31	£1.98 B	69.75%
2015-12-31	£1.16 B	3.75%
2014-12-31	£1.12 B	27.89%
2013-12-31	£0.88 B	54.72%
2012-12-31	£0.56 B	-34.95%
2011-12-31	£0.87 B	17.34%
2010-12-31	£0.74 B	42.4%
2009-12-31	£0.52 B	-7.74%
2008-12-31	£0.56 B	45.2%
2007-12-31	£0.39 B	1.83%
2006-12-31	£0.38 B	-12.67%
2005-12-31	£0.43 B	-12.51%
2004-12-31	£0.50 B	29.11%
2003-12-31	£0.38 B	14.92%
2002-12-31	£0.33 B	22.81%
2001-12-31	£0.27 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
LVMH MC.PA	£9.48 B	6.01%	🇫🇷 France
Prada 1913.HK	£0.58 B	-93.51%	🇮🇹 Italy

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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